The Hindu Business Line : Saturday, January 28, 2006

NCDEX to launch sponge iron futures from January 30
NATIONAL Commodity & Derivatives Exchange Ltd (NCDEX) has announced that it would commence trading in sponge iron futures contract from January 30. The initial contracts will be for March and April. The subsequent contracts will be ... More

FLORICULTURE

Not too rosy prospects
A scene from a rose nursery in Thrissur district. Flower exports from South India have recorded a 30 to 40 per cent drop due to adverse weather conditions and steep hike in freight charges. Damage to roses by heavy rains has reduced availability ... More

RUBBER

Rubber continues to rise
GUIDED by domestic short supply and firm overseas indices, another record closing was observed in the domestic spot rubber market on Monday. Major manufacturers remained inactive possibly to cool down the overheated sentiments but covering ... More

SUGAR

Shree Renuka leases sugar unit
MUMBAI: Shree Renuka Sugars Ltd has informed BSE that the company has taken on lease a sugar manufacturing unit, of the capacity of 1,250 tonnes crushed per day, of Alland Sahakari Sakkare Karkhane (Gulbarga) in Karnataka, for a period of ... More

Stress on energy saving in sugar industry
THE sugar industry should focus on introduction of new technologies with emphasis on energy-saving to survive and thrive in the current market, Dr N.A Ramaiah, former director of the National Sugar Institute, Kanpur, has said. In his keynote ... More

TEA

Demand for quality tea at Coonoor sales
COONOOR tea auctions were closed on Thursday on account of Republic Day. The auctions scheduled for the day would be held on Friday. The sale of dust grades would be held on Saturday. In all, a volume of 8.4 lakh kg — some 28,000 kg more ... More

SPICES & CONDIMENTS

Chilli output seen lower on damage by rains
CHILLI production in the four major States - Andhra Pradesh, Karnataka, Maharashtra and Madhya Pradesh - is estimated to be less by 30 to 50 per cent this year following the excess and protracted heavy rains in these States last year. The ... More

Don't succumb to unrealistic quality norms, spice trade told
MR L. Mansingh, Secretary, Department of Consumer Affairs, has urged the international spice trade not to succumb to the bogey of unrealistic quality standards but aim at benefiting the trade and consumers. Inaugurating the 8th World Spice ... More

EVENTS

Seafood meet to showcase fishing industry's potential
THE biennial India International Seafood Show (IISS) is to be held in Kolkata during February 3-5. It is to be inaugurated by the Minister of State for Commerce and Industry, Mr E.V.K.S. Elangovan, at Hotel Oberoi Grand. While a full-day ... More

CO-OPERATIVES

GCC expects turnover to cross Rs 200 cr
THE Girijan Co-operative Corporation (GCC) here is expecting its business turnover to cross Rs 200 crore this year, according to the Chairman, Ms T. Ratna Bai. At a press meet here, she said the GCC's turnover till December amounted to Rs 133 ... More

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